1. Primark owner AB Foods' profits soar, interim dividend in tow
Though group revenue only ticked 2% higher to £9.7 billion, adjusted operating profit ran up 39% to £951 million, with adjusted earnings per share (EPS) increasing 46% to 90.4p.
2. FTSE 100 closes at new record high
The blue-chip index closed around 21 points higher at 8,044.8.
3. Ocado climbs higher as UK retail market share hits highest since lockdowns
Analysis of the supermarket sector's till rolls for the past 12 weeks showed Ocado Retail improving sales by 12.5%, well ahead of the total online market, which grew by 6.8%.
4. JD Sports deepens US ties with takeover of Nasdaq-listed Hibbett
This will boost JD’s growth plans in North America, the company said, “enhancing its presence in the world's biggest and most attractive sportswear market”.
5. Apple iPhone sales tumble as Huawei steals customers
Sales of Apple’s mobiles dropped 19.1% in the first three months of 2023, a report from Counterpoint Research highlighted.